Bitcoin is a very interesting subject because for many years in Congress I was a champion of legalizing competition in currencies.

We have a terrible monetary system today. We have a government that purposely counterfeits and debases the currencies and I believe that the alternative would be a competition. That means that anything that wants to substi...

International money transfers. This is a multibillion dollar industry that's mostly set up to exploit working-class immigrants with fees. India, for example, receives 55 Billion USD annually from Indian workers living abroad. Between 4 and 10 Billion go from the Persian Gulf states to Egypt. Most of this money is sent in relatively...

Over the last year I have had countless people in the tech world ask about the mining of algorithmic currency. These last months the interest has reached a level that is quite amazing. In one of the last meetings of the algorithmic currency “rocket scientists” group ( a mastermind group), the dozens of people...